Property Attributes
- MLS#155528
- TypeSingle Family
- Listing Status Active
- CountyGARLAND
- CityHot Springs
- AreaLakeside
- NeighborhoodEastgate 1
- Zip71901
- StyleColonial
- Year Built1974
- Taxes$ 2887
- Price$ 399,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3488
Data Source:
Hot Springs BOR
Property Description
Prime Destination Investment: New Orleans Estate with Rare STR Licensing ?Unlock a High-Yield Turnkey Opportunity in Hot Springsâ Most Prestigious Enclave. ?Rarely does a property combine historic architectural grandeur with the modern "gold mine" potential of a fully transferable Short-Term Rental (STR) license. Situated at 112 Leigh Circle, this 3,500 sq. ft. New Orleans-style brick estate is positioned in an elite, private neighborhood favored by the cityâs top professionals. ?While currently an elegant colonial residence, this property is engineered to be transformed into a premier "Destination BnB" capable of sleeping 18+ guests. For the visionary investor, this is the ultimate luxury rental for Oaklawnâs racing season, summer lake holidays, and multi-family reunions. ?The Investment Edge: A Rare STR Asset ?In a market where STR permits have become nearly impossible to obtain, this property carries the crown jewel of ROI: a pre-existing STR license. ?The Vision: The oversized lot and sprawling floor plan are a blank canvas for a high-end hospitality conversion. Imagine a destination featuring: ?Entertainment Hub: Dedicated arcade room and professional-grade pool table lounge. ?Wellness & Leisure: A private workout suite and secluded outdoor hot tub deck. ?Capacity: Configured to comfortably host two to three families (up to 18 guests), maximizing per-night premiums. ?Logistics: Ample parking and expansive covered porches designed for large-group entertaining. ?Architectural Excellence & Layout ?New Orleans Grandeur: A striking two-story all-brick exterior topped with a signature widowâs watch, offering a stately presence that commands attention. ?The Main Level: A traditional heart featuring a site-built wood-burning fireplace, a massive open kitchen/dining combo built for catering large groups, and a dedicated home office. ?Versatile Accommodations: 4 spacious bedrooms and 3 full bathrooms, including a convenient main-floor bedroom suite. ?Refined Finishes: Solid surface countertops, custom built-ins, and a sophisticated mix of hardwood and tile flooring. ?Location: The Heart of Hot Springs Luxury ?Located within the prestigious Lakeside School District and tucked into a quiet, secure subdivision, 112 Leigh Circle offers the privacy demanded by "Doctor and Lawyer" families while remaining minutes from the action of the track and downtown. ?Whether you are looking for a stately forever home or a high-performance asset for your portfolio, this estate represents the pinnacle of Hot Springs real estate. ?Contact for Private Showing: ?Cindy Camras, Realtor Trademark Real Estate LLC Cell: 501-617-6600 Email: CindyCamrasRealtor@gmail.com Cindy C. Holds The Key To Your Real Estate Needs!
| Price History | |
|---|---|
| 5/15/2026 | Listed $425,000 |
| 6/29/2026 | 7$399,000 |
General Features
| Utilities | Sewer - Municipal,Water - Municipal,Electric â Entergy |
|---|---|
| Fireplaces | Woodburning - Site-Built |
| Garage | Two Car |
| Full Baths | 3 |
| Year Built | 1974 |
| Other Rooms | Formal Living Room,Den/Family Room,Laundry Room |
| Subdivision | Eastgate 1 |
| Style | Colonial |
| Stories Count | Two Story |
| County | Garland |
| Class | RESIDENTIAL |
| Type | Residential Single Family |
| Tax Year | 2025 |
| Frequency | None |
| Status | ACTIVE |
| Subdivision | AR |
| Sale/Rent | For Sale |
| Docs on File | Legal Description,Lead Based Paint Disclos.,Property Disclosure,Other (See Remarks),Rental Financials |
| Warranty | Normal Wrkng Ordr,As O&A |
| Primary City | Hot Springs |
| Virtual Tour | https://my.matterport.com/show/?m=EX38mZtFkud& |
| Directions | Malvern Ave,Turn left onto Lakeside Rd. Turn left onto Leigh Circle. 112 Leigh Circle will be on your left. |
| City | Hot Springs |
| School District | Lakeside |
| DOM | 124 |
| Postal Code | 71901 |
| Price Per Sq Ft Total AG | 114.39 |
| Public Remarks | Prime Destination Investment: New Orleans Estate with Rare STR Licensing ?Unlock a High-Yield Turnkey Opportunity in Hot Springsâ Most Prestigious Enclave. ?Rarely does a property combine historic |
Interior Features
| Interior Amenities | Washer Connection,Dryer Connection-Electric,Water Heater-Electric,Smoke Detector,Window Treatments,Balcony/Loft,Built-Ins,Ceiling Fan(s),Primary Bedroom w/Bath,Solid Surface Countertops |
|---|---|
| Floors | Carpet,Wood,Tile |
| Walls | Sheet Rock |
| DINING AREA | Kitchen/Dining Combo,Living/Dining Combo |
| KITCHEN EQUIPMENT | Microwave,Electric Range,Surface Range,Dishwasher,Disposal,Refrigerator Stays,Ice Maker Connection |
| Number of Bedrooms | 4 |
Exterior Features
| Exterior | Brick |
|---|---|
| Road Surface | Paved |
| Foundation | Crawl Space |
| Exterior Features | Patio,Guttering,Hot Tub/Spa |
| Lot | Sloped,Wooded,Cleared,In Subdivision,In City |
| Approx Lot Size | 157x135 |
| Approx SqFt | 3488 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Cooperative Arkansas REALTORS®l MLS, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating